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Military 3D Printing Market by Offering, Application, Platform, Process, Technology And Region - Global Forecast to 2025

Military 3D Printing Market: Global Forecast until 2025

  • May 2018
  • 154 pages
  • ID: 5391642
In this report:
The functional part manufacturing segment is estimated at USD ##.## million in 2018 and is expected to grow USD ##,##.## million by 2025, at the highest CAGR of ##.##% during the forecast period.
The direct energy deposition segment is expected to grow at the highest CAGR of ##.##% between 2018 and 2025.

Summary

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The military 3D printing market is estimated to rise at a compound annual growth rate of ~28.4 percent during the forecast period.

The military 3D printing market is forecasted to be $799.80M in 2018 and is projected to extend $4594.40M by 2025, at a compound annual growth rate (CAGR) of ~28.4 percent from 2018 to 2025. Military 3D printing can be defined as the process of creating three-dimensional objects from a digital file using different materials, including steel alloys, aluminum, titanium, plastics, nickel, and ceramics. The industry demand for lightweight parts and components in the defense sector and business investments made by defense entities in 3D printing projects are top factors estimated to drive the increase of the military 3D printing market. Nevertheless, limited availability of materials and stringent military standards are acting as restraints to the rise of the market.

Established on offering, the printer segment is estimated to result the military 3D printing market in 2018.

Established on offering, the printer segment is estimated to result the military 3D printing market in 2018. Original equipment manufacturers are focused on the adoption of 3D printing technology to manufacture defense equipment, which, in turn, has contributed to the growing demand for 3D printers.

Established on process, the powder bed fusion segment is estimated to result the military 3D printing market in 2018.

Established on process, the powder bed fusion segment is estimated to result the military 3D printing market in 2018. Benefits of powder metal 3D printing that contain diverse material options and suitability for prototyping are contributing to the increase of the powder bed fusion segment.

Established on application, the prototyping segment is estimated to result the military 3D printing market in 2018.

Established on application, the prototyping segment is estimated to result the military 3D printing market in 2018. The rising use of 3D printing by defense firms to minimize wastage during prototype transitions in traditional manufacturing is one of the main factors driving the industry for prototyping.

North America (NA) led the military 3D printing market in 2017.

The North American area led the military 3D printing market in 2017.The USA and Canada (CA) are top countries considered for market analysis in this area.

Increased government investments in 3D printing projects are anticipated to fuel the rise of the military 3D printing market in North America continent.

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

• By Area: North America (NA) - 40.0 percent, Europe (EU) - 20.0 percent, APAC - 10.0 percent, and rest of the world - 30.0 percent

Top players operating in the military 3D printing market contain Stratasys, 3D Systems, ExOne, EOS, Arcam, and Norsk Titanium.

Segment Research

The military 3D printing market has been split on the basis of offering (printer, material, software, and service), process (binder jetting, direct energy deposition, material extrusion, material jetting, powder bed fusion, vat photopolymerization, and sheet lamination), application (functional part manufacturing, tooling, and prototyping), and platform (airborne, land, naval, and space).These segments and sub-segments are mapped across main regions, that is, North America continent, EU, Asia-Pac, the Middle East area, and Rest of the globe.

The analysis offers detailed market intelligence about main market dynamics and top factors (drivers, industry restraints, alternatives, and market-specific challenges) that influence the increase of the military 3D printing market, additionally to an review of micromarkets with respect to individual developments trends, prospects, and their contribution to the military 3D printing market.

Why acquiring this study can help you:

From an insight prospect, the military 3D printing market report highlights on several levels of analyses - industry study; market share research of top players; company descriptions that comprise and discuss basic views on the competitive landscape; high-growth areas and territories as well as their specific regulatory policies; and drivers, market restraints, possibilities, and opportunities.

The military 3D printing market report offers business insights on these pointers:

• business entry: Exhaustive information concerning the competitive landscape in the military 3D printing market

• Market Sizing: Market value in the financial year (2016-2017) and projection of the market size from 2018 to 2025

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the military 3D printing market

• Market Overview: Market forces and subsequent study of associated trends, drivers, and alternatives prevailing in the military 3D printing market

• Market Development: Highlighted information about lucrative markets-the report examines the sector for military 3D printing solutions across several areas global

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the military 3D Printing market

• Regional Review: Factors influencing market shares of North America, Europe (EU), Asia Pacific (APAC), the Middle East (ME), and Rest of the globe

• opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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